Example ContractsClausesAt Will Termination by Company
At Will Termination by Company
At Will Termination by Company contract clause examples

Termination at Will. Evelo may terminate this Agreement at any time with ​ prior notice to Biose, subject to the terms of Section 7.6.

At-Will Termination by Company and HoldCo. Executive’s employment with the Company and HoldCo shall be “at-will” at all times. The Company or HoldCo may terminate Executive’s employment with the Company or HoldCo, as applicable, at any time, without any advance notice, for any reason or no reason at all, notwithstanding anything to the contrary contained in or arising from any statements, policies, procedures or practices of the Company or HoldCo, as applicable, relating to the employment, discipline or termination of its employees. Upon and after such termination, all obligations of the Company or HoldCo, as applicable, under this Agreement shall cease, except as otherwise provided herein.

At-Will Employment; Termination. The Company and Executive acknowledge that Executive’s employment is and shall continue to be at-will, as defined under applicable law, and that Executive’s employment with the Company may be terminated by either party at any time for any or no reason, with or without notice. If Executive’s employment terminates for any reason, Executive shall not be entitled to any payments, benefits, damages, awards or compensation other than as provided in this Agreement. Executive’s employment under this Agreement shall be terminated immediately on the death of Executive.

EMPLOYMENT AT WILL; TERMINATION. Subject to the provisions of Section 6 below, Employee’s employment with the Company is at-will, and either Party can terminate the employment relationship and/or this Agreement at any time, for any or no cause or reason, and with or without prior notice.

Termination by Assignee At Will. Assignee shall have the right to terminate this Agreement at will at any time upon […​…] written notice to Assignor.

If because of Executive’s Disability (as defined below in Section 2(c)), written notice by Company to Executive that Executive’s employment is being terminated as a result of Executive’s Disability, which termination shall be effective on the date of such notice or such later date as specified in writing by Company;

Termination by Company. The Company may terminate Employee’s employment with the Company at any time effective immediately: # without Cause (as defined below); or # with Cause (as defined below). For purposes of this Agreement, “Cause” shall mean Employee’s: # gross negligence or willful misconduct with respect to the Company, including, without limitation, engagement in dishonesty with respect to the Company’s business, or conduct that is injurious to the Company, its business or its reputation; # embezzlement, theft or fraud; # conviction of or plea of guilty or no contest to any felony, or any lesser crime of dishonesty; # personal conduct in furtherance of a hostile work environment or personal engagement in discrimination in violation of any state or federal anti-harassment or discrimination statute; # breach of any material obligation under this Agreement or any other written agreement between Employee and the Company; # Employee’s failure to perform Employee’s duties (other than any such failure resulting from incapacity due to physical or mental illness); or # violation of the Company’s written policies, including but not limited to its Code of Ethics and/or Code of Conduct.

Company Notice Termination. If the Employee’s employment with the Company is terminated by Company Notice Termination the Company will pay Employee the 6x the Monthly Base Salary, any accrued but untaken vacation and an amount equal to six (6) times the monthly COBRA premium that the Employee would be required to pay for COBRA continuation coverage of the Employee’s currently elected medical coverage under the Company’s primary group health insurance plan (the “Severance Payments”) according to the same payroll practices that are in effect at the time of the termination and less applicable withholdings and taxes; provided, however, that an express condition to the Company’s obligation to make Severance Payments to the Employee is the Employee’s full compliance with the provisions of Sections 4.3 (c), 5.0, 6.0, and 8.0, and if any such provisions are breached by the Employee, the Company’s obligations to make any additional Severance Payments shall cease immediately. After such termination, the Employee will also be eligible to receive whatever nonforfeitable benefits are payable as of the date of the Employee’s employment termination under the terms of the benefit plans or programs, if any, in which the Employee was participating.

Nothing in this Agreement shall confer upon the Executive the right to remain in the employ of the Employer, the Company or any of the Companies, it being understood and agreed that # the Executive is an employee at will and serves at the pleasure of the Company or the Employer at such compensation as the Company or the Employer shall determine from time to time subject to the provisions of this Agreement, # the Company or the Employer shall have the right to terminate the Executive’s employment at any time, with or without Cause subject to the provisions of this Agreement, and # except for this Agreement, the Employer’s Mandatory Arbitration Agreement and any equity awards agreements entered into by Executive and the Employer, Company, or any of the Companies pursuant to the Stock Incentive Plan (or any subsequent stock incentive plan of Company), there are no other arrangements or agreements between Executive and the Employer, the Company or any of the Companies concerning the terms of the Executive’s employment with the Employer, the Company or any of the Companies, and that nothing in this Agreement guarantees employment for any definitive or specific term or duration.

At-Will Employment. Commencing on the Effective Date, the Company shall employ Employee on an at-will basis and Employee hereby accepts such at-will employment upon the terms and conditions set forth in this Agreement. As an at-will employee, Employee’s employment will have no specified period and may be terminated by Employee or the Company at any time, and for any reason, with or without notice.

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